TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Understanding Section 19 of CGST Act: Input Tax Credit Rules for Job Work, Time Limits & Exceptions Explained</h1> Section 19 of the Central Goods and Services Tax Act, 2017, provides guidelines for taking input tax credit on inputs and capital goods sent for job work. The principal can claim input tax credit on inputs and capital goods sent directly to a job worker without first bringing them to their place of business. If inputs are not returned or supplied from the job worker's location within one year, they are deemed supplied to the job worker. For capital goods, this period is three years. Exceptions are made for moulds, dies, jigs, fixtures, and tools. The 'principal' is defined as per section 143.
TaxTMI 
TaxTMI 
